2024 was a landmark yr for the cryptocurrency trade — a yr outlined by resilience, progress, and unprecedented milestones. From Bitcoin reaching report highs to stablecoins cementing their position in international finance, the trade witnessed exceptional progress.
On this article, we’ll revisit the important thing moments and milestones of 2024, breaking them down by way of numbers that inform the story of a transformative yr in crypto.
Bitcoin in 2024: $108,000 ATH, Halving, and 94.8% Mined
Bitcoin remained on the focus all through 2024, driving market pleasure and institutional adoption. With two main rallies, rising reserves in nationwide treasuries, and groundbreaking ETF approvals, Bitcoin set new benchmarks.
$108,000: Bitcoin’s New All-Time Excessive
In December 2024, Bitcoin surged previous the symbolic $100,000 milestone, reaching an all-time excessive of $108,000, solidifying its place as a number one international asset.
94.8%: Bitcoin Provide Nears Full Circulation
By the tip of 2024, 9,914,662.5 BTC had been mined, accounting for 94.8% of Bitcoin’s complete provide, highlighting its rising shortage.
3.125 BTC: The Fourth Bitcoin Halving
In 2024, Bitcoin underwent its fourth halving occasion at block 740,000, decreasing mining rewards to three.125 BTC per block, additional tightening provide dynamics.
Stablecoins: Market Cap Surpasses $200 Billion
Stablecoins cemented their position as crucial pillars of the crypto economic system in 2024, with a complete market capitalization surpassing $200 billion.
$140 Billion: Tether (USDT) Leads the Market
Beginning the yr with a market cap of $91.7 billion, Tether (USDT) steadily grew all through 2024, reaching a formidable $140 billion by December.
DeFi: $206 Million Month-to-month Income and a pair of.5x Progress
Decentralized Finance (DeFi) skilled a revival in 2024, displaying spectacular progress in each adoption and income.
$206 Million: Document Month-to-month Income
In November 2024, DeFi protocols generated $206 million in income, marking a 114% enhance from October’s $96 million.
2.5x Progress in Market Presence
The DeFi ecosystem grew 2.5x in measurement all through 2024, with new protocols and cross-chain integrations reshaping the monetary panorama.
Memecoins: 31% Investor Mindshare and 11% Market Cap
Memecoins emerged as a shocking pressure in 2024, capturing 31% of investor narratives and demonstrating resilience amid market shifts.
4x Progress in Recognition
In comparison with simply 8.32% in 2023, memecoins surged almost 4x in recognition, changing into a dominant pattern in investor narratives.
11% of the Complete Market Cap
Memecoins secured an 11% share of the crypto market cap (excluding BTC, ETH, and stablecoins), pushed by group engagement and speculative enthusiasm.
Different Key Numbers That Formed 2024
seventh Largest Asset: Bitcoin grew to become the seventh largest international asset by market cap, surpassing Meta Platforms, silver, and Saudi Aramco.
1,530 VC Rounds: There have been 1,530 publicly disclosed crypto VC funding rounds, a 25.1% year-over-year enhance.
30% Possession in Korea: 30% of the Korean inhabitants now owns crypto property, in accordance with a central financial institution survey.
Changelly’s 2024 Milestones: Progress, Customers, and Recognition
Changelly achieved vital milestones in 2024, marking one other yr of progress and innovation.
700+ Cryptos and 330,000+ Buying and selling Pairs
Changelly prolonged its choices to help 700+ cryptocurrencies and 330,000+ buying and selling pairs, offering unparalleled entry to the crypto market.
7 Million World Customers
Our platform grew to serve 7 million customers worldwide, reflecting sturdy belief and engagement.
150,000 Contributors within the Black Friday Marketing campaign
Changelly’s Black Friday marketing campaign drew nearly 150,000 individuals, making it considered one of our most profitable campaigns ever.
2 Prestigious Business Awards
Changelly acquired two prestigious awards:
Excellent Blockchain Know-how Supplier (FinanceFeeds Awards 2024)
Excellent Crypto Alternate API Supplier (World Enterprise Outlook Awards 2024)
These recognitions spotlight our dedication to delivering cutting-edge crypto options.
Trying Forward to 2025: A Daring Imaginative and prescient for Crypto
As we step into 2025, the crypto trade exhibits no indicators of slowing down. Analysts predict that Bitcoin might attain $250,000, with the whole market cap surpassing $3.4 trillion. The yr forward is anticipated to deliver vital momentum throughout key sectors:
$400 Billion Stablecoin Market
Stablecoins are projected to double their market cap to $400 billion, solidifying their position because the bridge between conventional finance and digital property. Hundreds of thousands worldwide will proceed utilizing stablecoins for remittances and funds and as a hedge towards unstable native currencies.
ETFs and Institutional Progress
Crypto-focused ETFs are anticipated to broaden additional, with elevated adoption amongst institutional traders. This pattern might drive billions in extra capital into the market, enhancing liquidity and market stability.
Actual-World Asset (RWA) Tokenization
Tokenization of real-world property (RWAs) is forecasted to surpass $2 trillion in worth by the tip of 2025, providing new avenues for funding and asset administration.
Geopolitical and Nationwide Adoption
Extra nations are anticipated to undertake Bitcoin as a reserve asset, with international governments exploring the strategic potential of digital currencies. Regulatory readability, particularly in main economies just like the U.S., will additional increase market confidence.
Changelly’s Imaginative and prescient for 2025
At Changelly, we stay dedicated to being your go-to platform for all crypto operations. Anticipate extra supported cryptocurrencies, enhanced fee choices, and thrilling campaigns within the yr forward.
Thanks for being part of our 2024 journey. Right here’s to an excellent brighter 2025!
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Disclaimer: Please observe that the contents of this text will not be monetary or investing recommendation. The knowledge supplied on this article is the writer’s opinion solely and shouldn’t be thought of as providing buying and selling or investing suggestions. We don’t make any warranties in regards to the completeness, reliability and accuracy of this data. The cryptocurrency market suffers from excessive volatility and occasional arbitrary actions. Any investor, dealer, or common crypto customers ought to analysis a number of viewpoints and be conversant in all native rules earlier than committing to an funding.
